When you refinance your mortgage, you take out a new home loan and use some or all of the proceeds to pay off the existing one.
Author Archives: Kuderer Financial, LLC
Is Your Family Financially Protected During the Pandemic?
When was the last time you reviewed your Life Insurance coverage? Will it cover your family’s current needs? Are you paying for out-dated overages or missing new options? Have there been price reductions since you purchased your policy?
11 Ways to Stay Sane in a Crazy Market
Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from making hasty decisions that could have a long-term impact on your ability to achieve your financial goals.
Government Acts to Blunt Financial Impact of Global Pandemic
On March 11, the novel coronavirus (COVID-19) was officially declared a global pandemic by the World Health Organization, and two days later President Trump declared a national emergency.1 The unknowns surrounding a new virus make it difficult to predict the potential human and economic toll, but unprecedented steps are being taken to help slow the spread of the disease and prepare medical facilities to treat a rising number of cases. Continue reading
CARES Act: Retirement Plan Relief Provisions
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. This $2 trillion emergency relief package represents a bipartisan effort to assist both individuals and businesses in the ongoing coronavirus pandemic and accompanying economic crisis. Continue reading
Should You Invest During Market Volatility?
In the current market environment, the value of your holdings may be fluctuating widely — and it’s natural to feel tentative about further investment. Continue reading
IRS Returns & Payments Postponed to July 15
Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. Continue reading
How to Survive a Financial Crisis
This current crisis is changing every aspect of our lives right now. Many of us feel off center, uncomfortable and anxious. We are out of our normal routines and must learn new skills to deal with new challenges.
Historical Trends in the Market
The longest bull market in history lasted almost 11 years before coronavirus fears and the realities of a seriously disrupted U.S. economy brought it to an end.
If you are losing sleep over volatility driven by a cascade of disheartening news, it may help to remember that the stock market is historically cyclical. Continue reading
What to Consider When Planning Retirement
If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life change. How will you manage the transition? Continue reading
